North Korean Crypto Hackers Have Stolen $3B Since 2017, Says UN Security Council: Report

North Korean Crypto Hackers Have Stolen $3B Since 2017, Says UN Security Council: Report

[ad_1] Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, … Read more

North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic

North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic

[ad_1] Tornado Cash was hit by U.S. sanctions in August 2022. This spurred Lazarus Group to use another mixer, Sinbad, to obfuscate their ill-gotten gains. However, Sinbad itself was seized by U.S. authorities in November, prompting Lazarus to make the shift back to Tornado Cash, Elliptic said in its blog post. One of Tornado Cash’s … Read more

U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

[ad_1] “The LockBit ransomware variant, like other major ransomware variants, operates in the ‘ransomware-as-a-service’ (RaaS) model, in which administrators, also called developers, design the ransomware, recruit other members — called affiliates — to deploy it, and maintain an online software dashboard called a ‘control panel’ to provide the affiliates with the tools necessary to deploy … Read more